Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    U.S. Codifies Strategic Bitcoin Reserve via New Legislation

    Michael Saylor’s Strategy Outperforms Tesla, Meta, and Bitcoin

    MicroStrategy’s Bitcoin Strategy Surpasses Major Tech Stocks

    Remixpoint Acquires 44.8 Bitcoin, Expanding Treasury Holdings

    Remixpoint Acquires 44.8 Bitcoin for $4.7 Million

    CoinFlip Considers $1 Billion Sale, Engages Financial Advisor

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Tether CEO Highlights USDT’s Use in Bolivian Markets

    Recovery Plan Announced for Cetus Post-Exploit

    Tron Sees 8M Daily Transactions Amid Blockchain Expansion

    Ripple Transfers $498M XRP Amid Approaching Lawsuit Deadline

    Ripple Moves $498 Million XRP Amid Lawsuit Deadline

    Shiba Inu Whale Moves $31M SHIB Amid Burn Rate Drop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Whale Transfers 29M XRP to Coinbase Amid Market Cooldown

Solomon M. by Solomon M.
May 16, 2025
in Altcoin News
Key Takeaways:
  • XRP whale transfers with potential selling implications.
  • XRP trading volume up 139% post-transfer.
  • Possible short-term price volatility for XRP predicted.
whale-transfers-29m-xrp-to-coinbase-amid-market-cooldown
Whale Transfers 29M XRP to Coinbase Amid Market Cooldown

Over 29 million XRP worth approximately $73 million was transferred to Coinbase from an unknown wallet on May 12, 2025, signaling potential market volatility.

The transfer of substantial XRP assets to Coinbase may indicate significant seller activity, which can influence volatility and trading volumes, impacting market dynamics.

The blockchain monitoring service, Whale Alert, detected a significant transfer of over 29 million XRP, valued at $73 million, to a Coinbase-associated wallet. The transfer happened amid a broader market cooldown following a previous bull rally.

Though the transferring whale remains unidentified, on-chain data suggests a potential increase in selling pressure. No formal acknowledgment or commentary has been issued by Ripple Labs, Coinbase, or their leadership on this transaction.

This whale activity has resulted in a sharp rise in XRP trading volume by 139% and poses a possibility of increased market liquidity. Short-term price movements for XRP may reflect enhanced market vigilance among traders and investors.

The transition of such assets into a prominent exchange like Coinbase often carries implications for subsequent selling activity, potentially disrupting XRP’s bullish momentum, especially amid its recent climb into the top three cryptocurrencies by market capitalization.

Past incidents of large-scale asset transfers have led to temporary price volatility. Recoveries usually depend on subsequent market sentiment and trading activity. This particular transfer has urged the XRP community to monitor potential market shifts.

The event could provoke exchanges and regulatory entities to assess the overall impact on market stability. Historical trends suggest that monitoring whale activity closely can provide insights into potential market fluctuations and trading strategies moving forward.

“The transaction of 29,532,534 XRP was tracked in real-time, indicating significant on-chain engagement.”
link
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Unstaked’s $5 Goal Stuns Traders, DOGE & SUI Rise

Next Post

Whale Transfers 29 Million XRP to Coinbase

Solomon M.

Solomon M.

Related Posts

Tether CEO Highlights USDT’s Use in Bolivian Markets

by Solomon M.
June 8, 2025

Tether CEO Paolo Ardoino notes the adoption of USDT in Bolivian retail, reflecting stablecoin growth.

Recovery Plan Announced for Cetus Post-Exploit

by Solomon M.
June 8, 2025

Cetus Protocol unveils a recovery plan following a $223M exploit, targeting a relaunch on June 8, 2025.

Tron Sees 8M Daily Transactions Amid Blockchain Expansion

by Solomon M.
June 8, 2025

Tron blockchain daily transactions surpass 8 million, reflecting increased user engagement and sustained TRX interest.

Ripple Transfers $498M XRP Amid Approaching Lawsuit Deadline

by Solomon M.
June 7, 2025

Ripple moves $498M in XRP as SEC lawsuit update deadline looms, no official statements.

Ripple Moves $498 Million XRP Amid Lawsuit Deadline

by Solomon M.
June 7, 2025

Ripple's $498M XRP transfer ahead of SEC lawsuit deadline stirs community speculation and legal insights.

Shiba Inu Whale Moves $31M SHIB Amid Burn Rate Drop

by Solomon M.
June 7, 2025

Shiba Inu whale transfers $31M SHIB to Coinbase as burn rate decreases alongside growing market volatility.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.